Plan Ledger DOL Form 5500 · updated monthly

Empire Merchants, LLC401(k)

EMPIRE MERCHANTS, LLC 401(K) PLAN FOR UNION MEMBERS · BROOKLYN, NY · plan year 2024

Reported admin expense ratio · 2024
0.19%

Empire Merchants, LLC reported $162,294 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.24% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 850th-largest of 5,648 plans among New York employers on file, and the 452nd of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$91,945,072
Participants with balances615
Active participants949
Employer contributions—
Employee contributions$4,775,892
Employer contribution per active participant—
Average account balance$149,504
Benefits paid to participants$6,924,925
Plan auditUnmodified (clean) audit opinion
AuditorHELD KRANZLER MCCOSKER & PULICE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$91.9M · 615 accts
2023$82.4M · 613 accts
2022$71.4M · 647 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$162,294
Total administrative$162,294
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$162,294
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$162,294 · 0.19%
2023$188,820 · 0.25%
2022$184,450 · 0.24%
All plans at this employer2
EMPIRE MERCHANTS, LLC 401(K) PLAN401(k)
EMPIRE MERCHANTS, LLC 401(K) PLAN FOR UNION MEMBERS401(k)
Same employer
Similar plansWholesale Trade · New York
Campari America NY$97.9M · 0.06%
Hartree Partners, LP NY$95.2M · 0.01%
Lifetime Brands, Inc. NY$93.3M · 0.23%
Krasdale Foods, Inc. NY$90.1M · 0.04%
Richline Group, Inc. NY$88.5M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 205431037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.